posted on Dec, 2 2012 @ 12:28 PM
reply to post by proximo
I certainly don't argue the need to take action and drastic action at that. Another member did the math on this based on the figures I laid out
across my budget thread. Kingpin003 was the Screen name on page 3 of the thread linked in my signature, he wrote:
With a constant surplus of 500 Billion per year it would be 2079 before our debt is eliminated. Increasing the surplus to 750 Billion means we
are debt free in 2044. These projections would be unacceptable to any debtors(not to mention it is unreasonable to expect 30+ years straight of
Now, I didn't go through all the trouble and figuring required to get those numbers. Honestly, after all I did go through making that thread back
then, I didn't want to know the rest and how that side of it worked out.
Keep in mind, that was dealing off figures before QE-3 as well. So, with that in mind for what would actually be required, year in and year out,
without fail..even one year....do you think we make it?
What this fiscal cliff is, is the uncontrolled and truly unintended way of doing this by allowing the overlapping of at least 4 different major events
to form a giant whammy to our economy in a few weeks. Drastic action done deliberately, YES...... Drastic action simply allowed to run it's course is
the worse dereliction of leadership I can imagine and we're doomed with this kind of approach in my opinion.
The President of the United States has the power...literally HE HAS THE POWER to call Congress into Special Session and KEEP them there as long as his
little heart desires over this budget issue. He can hold them there until Christmas. He can literally hold them in session and in Washington until the
term of this Congress expires officially.
If the nation must have a shaky Christmas and a crappy New Year in all too many cases this year, the least Obama can do is insure Congress fully
shares our misery. Every last one of 'em. He can even laugh about it from Hawaii for all I care. Congress created this when it comes down to it.
Congress can suffer for it with everyone else, IMO.